The report says low tax rates, high incomes and employment growth drive the city’s success.“Calgary Economic Development is very pleased with the results of this recent survey,” said CED president Bruce Graham.

“The high quality of life available in Calgary is vital to maintaining our status as a global city of business. There has never been a more important time in our history to focus on collaboration between government, industry and citizens.

“Calgary’s impressive standing in this report is a direct result of our continued, collective investment in our community and its businesses.”

Low productivity and low teacher-student ratios are areas where the city could improve, according to the report.